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Search Results 0 to 28 of about 29 (some duplicates have been removed)
economy and do what's best for our people. >> tom: the president aims for a big budget deal, not a stopgap measure, before the end of the month. it's "nightly business report" for tuesday, july 5. this is "nightly business report" with susie gharib and tom hudson. "nightly business report" is made possible by: this program is made possible by contributions to your pbs station from viewers like you. captioning sponsored by wpbt >> tom: good evening and thanks for joining us. with the united states rapidly running out of borrowing room, the president is calling on republicans and democrats to move quickly. mr. obama has called leaders from both parties to the white house for a meeting thursday and susie, he's urging them to think big. >> susie: tom, with the calendar pressuring politicians to negotiate a plan allowing the u.s. to borrow more money, the president wants a deal cut in a few weeks and says it should not be a temporary one lasting only a few months. >> tom: the budget bargaining now heads to the white house with less than a month before time runs out. darren gersh reports. >> rep
'm a big netflix user, by the way. i get the discs sent to my house. they're going global in a big way. they've come a long way from the days they mail out the dvds. >> even though they're not in hong kong. but they're making a big move to latin america. they will expand to 43 companies in south america. they made the first international move to canada. late last year you can see it clearly wants to be a global company, but it's going to be pricey. the company said it would lose up to $70 million in the second half of this year from overseas operation. but investors in the states are cheering the move. the news sent netflix shares soaring 8% on tuesday. ali? >> kristie, how do you do it? are you further ahead in congress how long? is there similar service? >> itunes. it's all about itunes. >> very good. stick around for this story. quite frankly, i don't want to be alone in this piece of knowledge. some farmers in the uk were looking for extra ways to save money. the answer was on the farm in big piles. they're turning livestock waste into energy. the pigs were wallowing in gold. the t
appears to be following -- the falling apart due to the credibility of the accuser. there is a big trade dispute going on right now. the european union and mexico which took objection to the abuse of quotas, china must either appeal the ruling or comply by removing the restririctio. failure to do so will enable the u.s. to respond with trade sanctions. they are used in the electrical appliances and predominantly in ththe stl industry. the banking system could also be headed for some big trouble. they have failed to keeeep track of economic stimulus funds. the total value could be well over 300 billion euros. the scale of such loans could pose a threat to china of's entire banking system and the risk exposure could change the credit outlook. the trade manufacturer has plans to cut more than 1400 jobs. a move that will eliminate half of the entire work force. the decision comes after they failed to win a major contract to build more than 1000 train carriages in britain. >> of the contract is part of the plan to upgrade the rail lines. the consortium won the final better. the contract calls
struggling. on top of the eurozone is a big market for u.s. multinational firms. so, it's no wonder that economist bruce kasman says it's really bad timing for a rate hike in europe. >> the euro area as a region delivers less in terms of growth as it could in helping the global economy, and then finally it adds risks and vulnerabilities to the really tough adjustments going on in greece and other peripheral countries right now. to be sure, a quarter of a percentage point increase in european rates tomorrow is likely to have only a nominal effect on u.s. growth. the concern is that the european central bank will proceed down a path of tighter monetary policy. >> the step that will be taken tomorrow by itself is not that big a deal, but the signal, if it gets realized in terms of further movements over the next six to 12 months, could have an impact in making it a little harder for the u.s. to get growth than it otherwise would. >> reporter: the good news is that buyers of u.s. stocks don't appear to be troubled by higher interest rates in other areas of the world. equity strategist a
of the big monthly jobs report. there wasn't an awful lot of movement, as you can see, at the end of the session. the s&p and also the dow were each off by just a fraction, and the nasdaq meanwhile managing to choke up just a small gain. pretty modest, though. about one-third of a percent. this is how the future markets are trading. it seems that we're in for a flat start at the moment. a number of indices down if we look at the futures. but only by a bit. about .07%. >>> britain's most popular newspaper is under hot water. they are facing allegations of phone hacking. today british lawmakers will debate calls for an urgent public inquiry into the affair. this all comes after new claims suggest that after the london underground and bus bombings of 2005, this paper may have tried to hack the victims' phones and the phones of their relatives as well. >>> the new phone hacking claims that have caused so much anger across the united kingdom also centered around a 13-year-old who disappeared on her way home from school back in 2002. her decomposing body was discovered six months later.
. another picture shows the muddy water forming a big puddle in the middle of the intersection. >>> in napa county three farm workers went to the hospital after they were exposed to pesticides. janine de la vega . jana katsuyama tells us that the two were taken to the hospital. >> reporter: a napa county sheriff's captain says they got the call about 9:30 this morning. the workers had been pruning a vineyard. napa officials say it appears a neighboring vineyard had applied pesticides overnight. >> there was enough breeze to cause a drift of this spray. >> reporter: the sheriff's office says the three women and a fourth worker had respiratory problems. investigators tell us the chemicals involve include sylgart, flint and altacore. >> we're in a quarantine area and we're trying to eradicate the moth. that's what altacore is all about. >> whether it's handling, understanding the labeling, understanding the mixing and being very cautious about the weather and the time of application. >> reporter: there's no word on just how long this investigation will take. the farm bureau says there are reg
water forming a big puddle in the middle of the intersection. >>> in napa county three farm workers went to the hospital after they were exposed to pesticides. janine de la vega . jana katsuyama tells us that the two were taken to the hospital. >> reporter: a napa county sheriff's captain says they got the call about 9:30 this morning. the workers had been pruning a vineyard. napa officials say it appears a neighboring vineyard had applied pesticides overnight. >> there was enough breeze to cause a drift of this spray. >> reporter: the sheriff's office says the three women and a fourth worker had respiratory problems. investigators tell us the chemicals involve include sylgart, flint and altacore. >> we're in a quarantine area and we're trying to eradicate the moth. that's what altacore is all about. >> whether it's handling, understanding the labeling, understanding the mixing and being very cautious about the weather and the time of application. >> reporter: there's no word on just how long this investigation will take. the farm bureau says there are regulatory fines for unsafe pestic
night did some damage and really created a big mess in many areas. we caught illegal displays in the sky over oakland last night. fairly elaborate displays, too. cecelia spoke with resident in berkeley who had fireworks going off all around them laste around the corner illegal fireworks weren't so kind. this vacate apartment apartment building wept up in flames. fire investigators have no doubt about what caused it. >> berkeley had their fireworks last night. we would have encouraged our residents and community. >>reporter: east oakland this also torched. fire investigators are looking into whether smoldering illegal fireworks are to blame. fourth of july fireworks spectacular. lighting up the skies like big budget professional shows. only there weren't any professionals around for the illegal displays. >> literally explodes and like all around. >>reporter: sign of how explosive the problem is, this drop-off barrel at fire station in east oakland practically empty. just around the corner a street littered with remains of neighborhood fireworks show. fireworks in this nei
understand these things as an attorney and as a correspondent at the big level. this is a case that has fascinated a lot of people, including me. what did you think? as a reporter, can you even say that you were stunned? >> i have to say, i was surprised. the reason i was surprised is because how quickly the jurors came back with this verdict and the fact it was a wholesale rejection of the prosecution's case. i mean, the jurors had an array of charges to consider. everything from the top charge of first-degree death penalty eligible murder all the way down to just a straight charge of child abuse, and even though anyone watching this case could see the problems of proof the prosecutors were dealt. the fact we don't know when caylee died, or exactly how caylee died although prosecutors had theories that were consistent with the evidence, but the evidence wasn't dispositive of those theories. at the end of the day, i thought the jurors might get back there in the jury room and say you know what? given her behavior, not reporting the child missing for 31 days, that stench of death emanati
that is to come together in a bipartisan way around a big deal, around $4 trillion in savings at least. the senator from colorado went in some detail into the bipartisan debt and deficit commission. chaired bier sin bowles and alan simpson, and the 11 members of that commission, ems of members of this body currently serving senators, republican and democrat, who came together around a plan that would make $4 trillion in savings over the next decade. i think we should do no less than that. and i think the plan that we should be working on in detail now should include all four major areas where we have to have savings. reductions in discretionary domestic spending, reform to our entitlement programs, reductions in pentagon spending, and increases in federal revenue through tax reform. all four of these have to be on the table. in my view, our values ask no less than that. as we work through a recovery, we need to continue to invest in education, in infrastructure, in innovation, but we also need to responsibly put together a bipartisan path that will take on the sacred cows of this insti
, but it means, mr. president, that we can't be raising taxes on the job creators, and there is a big debate right now about how do we get ourselves out of this fiscal mess. i would submit to my colleagues that the real issue here is spending. if you go back to the foundation of our country, the year 1800, we were only spending 2% of our entire economic output on the government, the federal government. this year we're going to spend 24% to 25%. the historical average over the past 40 years is about 20.6%. we are dramatically higher in terms of what we are spending on our federal government as a percentage of our entire economy. to me, clearly, we don't have a revenue issue here in washington. we have a spending issue. which would suggest that we ought to get after spending, after federal spending, particularly spending that is -- is duplicative, redundant, there are so many things in the federal government that we spend money on that we need to get that waste and that -- and all those types of wasteful spending out of our spending here in washington, d.c., but we also have to focus on those
something big. the president invited negotiators to the white house thursday. the white house will continue working on a 2012 -- house this week will be working on a 2012 budget for the pentagon. good morning this wednesday, july 6. we will begin this morning would getting your thoughts on the job market ahead of friday's much- anticipated unemployment report. here is how we will divide the lines -- u.s. jobs market, what is your experience? here is "the baltimore sun." stocks hang on the unemployment report. early in the article it says -- further in the article, it says -- we want to hear from all of you. what do you think? what is your experience? dividing the phone lines and little bit differently this morning -- we will get to your phone calls in a minute but we will start talking about those debt talks that are happening this week. susan ferrechio is from the washington examiner -- and here are hurt at -- headlines. joining us on the phone this morning, susan, why is there anxiety? guest: hi, greta. there is anxiety because neither side is really ready to deal on this. everybody is dr
we are a very fascinating country if youook at a bigcountry with more than 220 million people, a big muslim country, democratic whave a lot of achievement in the past in rucingositive a that was achievement during 40 years. but then we learn a lot that it is not only enough to have a high growth reducing poverty people need to have transparency participation, accountability and good governance. and that's become the lesson learned. we have to pay 75% of our g.d.p. because of the banking system to bail out the crisis. so a lot of lessons learned from indonesia. as a country that is so diverse but a lot ofÑi achievemt. a lot of development lessons can be learned from this country. >> many people when they look at the arab spring they say where's thmodel? some say turkey, others say indonesia. because of the way you handle-- you meaning the indonesians-- after the overthrow of suharto. >> yes. well it is... i mean, you talk indonesia after 12 years of this transition, ve painful transition in '97/'98. that experience, changinfrom centralized to decentralized, from closed society to ope
about a wall of dust as big as 80 kilometers wide in some areas. you can see it engulfing the city and causing havoc particularly foral flights. -- particularly for flights. going across much of the south western area. this ising? which can go from mid june right through september. that's the monsoon season itself. so more of this can be expected. but pretty extraordinary pictures coming in there. all sorts of things being brought down. among them, electricity wires, cables, you name it. it's quite a mess. right there in phoenix. >> now venezuelan president hugo chavez has leaders traveling to the area for the bicentennial celebration and using it as an opportunity to show support for hugo chavez from his cancer treatment. >> and prosecutors say the 25-year-old casey anthony smothered her daughter. first she said her child was kidnapped by a nanny then said she drowned in the swimming pool. the jury cleared her of the most serious charges. >> and barack obama says he wants to raise the credit limit and they have a limited time to prevent a u.s. from defaulting. >> now for some of u
Search Results 0 to 28 of about 29 (some duplicates have been removed)

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